Trump Speaking At Bitcoin Conference
The Breakdown
Blockworks
4.8 • 806 Ratings
🗓️ 11 July 2024
⏱️ 14 minutes
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| 0:00.0 | Welcome back to The Breakdown with me, NLW. |
| 0:09.3 | It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. |
| 0:18.3 | What's going on, guys? It is Thursday, July 11th, and today we are talking the latest in |
| 0:23.6 | crypto politics. But before we get into that, however, if you are enjoying the breakdown, |
| 0:28.8 | please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into |
| 0:32.9 | the conversation, come join us on the breakers discord. You can find a link in the show notes or go |
| 0:36.8 | to bit.ly slash breakdown pod. Well, it is official. Former President Donald Trump will speak at this |
| 0:43.7 | year's Bitcoin Conference. Trump is slated to make a 30-minute speech at the conference, |
| 0:48.0 | which will begin in Nashville two weeks from today. Bitcoin Magazine, the host of the conference, |
| 0:52.1 | called this a significant milestone for the event, |
| 0:54.6 | and honestly, that feels like an understatement. |
| 0:56.8 | Over the past six months, we've seen crypto go from a niche but important regulatory topic |
| 1:00.6 | in Washington to the community becoming a core constituency for a presidential election. |
| 1:05.2 | This was underscored earlier this week when Bitcoin and Crypto Policy became a plank of |
| 1:08.7 | the Republican platform. |
| 1:10.3 | What's interesting |
| 1:10.8 | is that in that party platform, the crypto community represents real people. Millions of |
| 1:15.2 | crypto owners can show up and vote come November, and many of them spread throughout swing |
| 1:19.1 | states rather than being concentrated in the big cities. As a constituency, crypto owners represent |
| 1:24.1 | something fundamentally different from other tech interests and lobbying groups. Coinbase's stand with crypto organization demonstrated this clearly, having gathered 1.25 million |
| 1:32.3 | voters in counting. |
| 1:33.3 | So far, Republicans generally and Trump in particular have embraced this constituency, hearing their policy requests and giving them a seat at the table. |
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